What role does the regulator have to play in an environment where the airlines and the airports would all like to raise tariffs and expand business? Yashwant Bhave, Chairman, Airport Economic Regulatory Authority of India (AERA),explains how his team determines tariffs and development fees, and why it is fair on everybody.
Category: Aviation & Airports
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Infrastructure status for airports sought
ASSOCHAM called for granting infrastructure status to airports by the government, besides classifying aviation turbine fuel (ATF) and cement as declared goods to bring a uniform tariff structure across the country.
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Plan Panel expects 30 airports in 5 years
The Planning Commission expects that India may require 30 functional airports within the next five years. The CommiÂssion expects passeÂnger terminal capacity in most of the airports to be between 230-240 million in the current year.
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Delhi airport to have BRT corridor
After the Metro and innÂumerable flyovers, it’s the turn of the bus rapid transit (BRT) corridor to make an appearaÂnce at the airport. A 25-km long streÂtch, the new BRT will boast of segregated lanes
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Punj Lloyd bags GMR project
Punj Lloyd has bagged a project worth Rs 1,050 crore from GMR Projects. Punj Lloyd will undertake the design, engineering, procurement and construction of 124 km of the six-lane Chittorgarh bypass to Udaipur (Rajasthan).
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Waterway to link Kochi and airport
In a bid to ease the traffic congestion in Kochi, the district administration has come up with an ambitious plan for setting up a Kochi-Nedumbassery waterway project.The project is envisaged as part of the plans to develop waterways in the city, according to the district officials.
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India Airports 2011 Infra around airports needs major boost: Experts
Investment opportunities of $110 billion are being envisaged up to 2020 with $80 billion towards new aircraft and $30 billion towards the development of airport infrastructure, according to the Investment Commission of India. But are the new aircraft and big development plans likely to materialise? A report on the conference held last month in Delhi.
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Aviation Infrastructure: Security infra in airports
As airport security took centrestage in aviation after the 9/11 and other forms of terror attacks, Inderjit Singh says a national security infrastructure is now a pre-requisite to growth.Of the Rs 650,000 crore that the Indian government has budgeted in 2011-12 towards transportation, Rs 70,000 crore is budgeted for the development of greenfield airports and upgrade of existing airports and a major portion of it would be from the private sector, financial institutions and Foreign Direct Investment (FDI).
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First weekly mainline service to Europe from Kochi
The International Container Transshipment Terminal (ICTT), Cochin, announced that the NEMO/EAX service will now make a weekly call at ICTT. This will make it the first weekly service vessel connecting Cochin directly to Europe.
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Rs 200 cr for Chakan airport
The Union ministry of civil aviation has sanctioned Rs 200 crore for Chakan International Airport in Pune district, which will now come up on a 700-hectare site adjacent to the one earlier proposed.